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Mercury Records co-founder Irwin Steinberg passes away

MUMBAI: Music industry veteran and co-founder of Mercury Records Irwin Steinberg passed away at his home in Vermont on 29 December.

Aged 94, Steinberg was known to be an innovator in the digital music industry.

Steinberg graduated from the University of Chicago and served in the Air Corps before beginning his career in the music business. After founding Mercury Records in Chicago and serving as CFO-CEO for several years, he became chairman and CEO of Polygram Records, where he remained for over 30 years.

After retiring from Polygram, he taught and created graduate curricula in the music business for Columbia College of the Arts in Chicago and became an innovator in the digital music industry, consulting for several digital music enterprises including MusicMaker.

Steinberg is survived by his wife Dominique Moyse, three children, four grandchildren and two sisters.